johnsyn
12年前
Illinois Tool Works (ITW) Declares $0.38 Quarterly Dividend; 2.4% Yield
1:43 PM 2/15/2013 - StreetInsider
Illinois Tool Works, Inc. (NYSE: ITW) declared a quarterly dividend of $0.38 per share, or $1.52 annualized.
The dividend will be payable on April 9, 2013, to stockholders of record on March 28, 2013, with an ex-dividend date of March 26, 2013.
The annual yield on the dividend is 2.4 percent.
johnsyn
12年前
Barchart.com's Chart of the Day - Illinois Tool Works (ITW) for Sep 10, 2012
To access recent archived Chart of the Day reports, please go to:
http://www.barchart.com/headlines/search.php?feed=BC&series=COD
The "Chart of the Day" is Illinois Tool Works (ITW), which showed up on Friday's Barchart "All-Time High" list. ITW on Friday posted a new all-time high of $61.10 and closed +1.49%. TrendSpotter has been long since Aug 3 at $55.62. In recent news on the stock, ISI Group upgraded ITW to Buy from Hold. BMO Capital on July 26 initiated coverage on ITW with an Outperform and a target of $62. Illinois Tool Works, with a market cap of $27 billion, sells fasteners and components, equipment and consumable systems, and a variety of specialty products and equipment.
johnsyn
12年前
2:36 PM 13-F filings show Activist investor Ralph Whitworth's Relational Investors doubled down on Illinois Tool Works (ITW +0.6%) during the second quarter after reaching a “cooperation agreement” with the tool manufacturer in January. The fund bought 6.8M shares from April 1 through June 30, bringing its total investment to 14.6M shares, a 3% stake. Relational started accumulating shares of ITW as far back as mid-2011, and reached a deal with the company last January that gave it the option to appoint one its principals, David Batchelder, to its board in 2013.
SA
johnsyn
12年前
ITW Board Of Directors Approves 6 Percent Dividend Increase
Today : Friday 3 August 2012
The board of directors of Illinois Tool Works Inc. (NYSE: ITW) today declared a regular quarterly cash dividend of $0.38 cents per share or $1.52 per share on an annual basis. The quarterly increase of $0.02 cents per share—$0.08 cents per share annually—represents a 6 percent increase versus the current dividend rate. The newly increased dividend will be paid on October 10, 2012 to stockholders of record as of September 28, 2012.
Celebrating its 100-year anniversary in 2012, ITW (NYSE: ITW) is a Fortune 150 global diversified industrial manufacturer of value-added consumables and specialty equipment with related service businesses. The company focuses on profitable growth and strong returns across worldwide platforms and businesses. These businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW's revenues totaled $17.8 billion in 2011, with more than half of these revenues generated outside of the United States.
SOURCE Illinois Tool Works Inc.
johnsyn
12年前
BMO Starts DE, TEX, ITW, AGCO, PCAR at Outperform, CAT, CMI, PH, KMT, MIDD at Market Perform, NAV at Underperform
8:40 AM 7/27/2012 - StreetInsider
BMO Capital'sJoel Tiss initiated coverage on a number of stocks in the Capital Goods sector Friday morning:
Illinois Tool Works (NYSE: ITW) with an Outperform rating and $62 price target
johnsyn
13年前
Graco may have to sell most ITW finishing unitsPrint.5:48 PM 5/31/2012 - AcquireMedia
MINNEAPOLIS -- Spray maker Graco Inc. said Thursday that it is "disappointed" that the Federal Trade Commission aims to order it to sell most of the finishing businesses it bought from Illinois Tool Works Inc. in April.
Graco said the FTC wants Graco to sell all the liquid finishing operations it bought from ITW. That includes the Binks spray finishing, DeVilbiss spray guns, Ransburg electrostatic equipment and BGK Curing divisions.
Graco bought those businesses and ITW's Gema powder coating unit for $650 million in a deal that closed April 2. Graco said the FTC could revise its proposed order during a public comment period over the next 30 days.
If the agency sticks with its current stance, Graco will have 180 days to sell the business.
The FTC has said since last year that the transaction violated antitrust laws, but it allowed Graco to complete the purchase while it investigated.
Shares of Graco sank $2.90, or 5.7 percent, to end regular trading Thursday at $48.17 and gave up another penny after hours.
..
johnsyn
13年前
ITW Directors Declare Quarterly Dividend
ITW (NYSE:ITW)
Today : Friday 4 May 2012
The board of directors of Illinois Tool Works Inc. (NYSE:ITW) today declared a regular quarterly cash dividend of $0.36 cents per share or $1.44 cents per share on an annual basis. This dividend will be paid on July 10, 2012 to stockholders of record Friday, June 29, 2012.
Celebrating its 100-year anniversary in 2012, ITW (NYSE: ITW) is a Fortune 200 global diversified industrial manufacturer of value-added consumables and specialty equipment with related service businesses. The company focuses on profitable growth and strong returns across worldwide platforms and businesses. These businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW's revenues totaled $17.8 billion in 2011, with more than half of these revenues generated outside of the United States.
SOURCE Illinois Tool Works Inc
johnsyn
13年前
Conditions of Growth, Economic Analysis - Research Report on Johnson Controls, Inc. and Illinois Tool Works Inc.
ITW (NYSE:ITW)
Today : Tuesday 24 April 2012
Today, www.EquityLeader.com introduced research coverage of Johnson Controls, Inc. (NYSE: JCI) and Illinois Tool Works Inc. (NYSE: ITW). Full research reports are available to readers at: www.EquityLeader.com/index.php?sm1=JCI&sm2=ITW.
Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experienced in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.
Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.
Equity Leader has decided to cover Johnson Controls, Inc. for its current position within the consumer goods industry. Johnson Controls, Inc. (Johnson Controls) provides automotive interiors. It provides batteries for automobiles and hybrid electric vehicles, along with related systems engineering, marketing and service expertise. A copy of this report detailing Johnson Controls, Inc. (NYSE: JCI) is available at: www.EquityLeader.com/index.php?sm1=JCI.
Equity Leader is also taking note of Illinois Tool Works Inc. for its changing role within the industrial goods industry. Illinois Tool Works Inc. (ITW) is a multinational manufacturer of a diversified range of industrial products and equipment with operations in 58 countries. The Company operates in eight business segments: Transportation; Power Systems & Electronics; Industrial Packaging; Food Equipment; Construction Products; Polymers & Fluids; Decorative Surfaces, and All Other. To download free research on Illinois Tool Works Inc. (NYSE: ITW) investors may visit: www.EquityLeader.com/index.php?sm2=ITW.
About Equity Leader
Whether you are a first time investor or seasoned market professional, Equity Leader provides the resources necessary to simplify your research process. Our focus has always been to empower investors with the information they need to make their own investment decisions.
Contact:
Michael Westbrook
Email Contact
www.EquityLeader.com
johnsyn
13年前
ITW Announces Conference Call Information for 2012 First Quarter Earnings
ITW (NYSE:ITW)
Today : Tuesday 3 April 2012
Illinois Tool Works Inc. (NYSE: ITW) today announced that it will hold its 2012 first quarter conference call on Tuesday, April 24, 2012. The conference call will begin at 9 a.m. central time and will follow the Company's release of first quarter earnings at 7 a.m. central time on that same day.
The conference call can be accessed by dialing 1-800-369-1794. The pass code ITW is necessary to join the call. Participants are asked to dial in 15 minutes prior to the start of the call. Open to the public, interested participants should contact Patty Wolf-Yoshimura at 847-657-4062, or pwolf@itw.com, to reserve a line. The company also has made available a playback number for the conference call. The playback telephone number is 866-365-2451; no pass code is necessary. The playback number will be available until 12 midnight on May 8, 2012. The Company's synchronized slide show accompanying the web cast audio can be accessed via its website at www.itw.com. Interested participants should then access the investor tab.
Celebrating its 100-year anniversary in 2012, ITW (NYSE: ITW) is a Fortune 200 global diversified industrial manufacturer of value-added consumables and specialty equipment with related service businesses. The company focuses on profitable growth and strong returns across worldwide platforms and businesses. These businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW's revenues totaled $17.8 billion in 2011, with more than half of these revenues generated outside of the United States.
SOURCE Illinois Tool Works Inc
johnsyn
13年前
10:17 AM Morningstar's Ultimate Stock Pickers offer their 10 highest conviction buys: GILD, GSK, RIMM, C, DVN, ITW, SCHW, JNJ, TIF, DHR
johnsyn
13年前
ITW Announces Plans to Webcast Presentation for Barclays Capital Industrial Select Conference
ITW (NYSE:ITW)
GLENVIEW, Ill., Feb. 9, 2012 /PRNewswire/ -- Illinois Tool Works Inc. (NYSE: ITW) today announced plans to webcast its presentation at the upcoming Barclays Capital Industrial Select Conference at The Loews Miami Beach Hotel in Miami Beach, Florida. ITW's question and answer session, featuring Vice Chairman Scott Santi, will take place Wednesday, February 22, from 1:20 PM to 2:05 PM ET. The URL for the presentation is:
http://cc.talkpoint.com/barc002/022212a_lp/?entity=20_18FCJKD
Celebrating its 100-year anniversary in 2012, ITW (NYSE: ITW) is a Fortune 200 global diversified industrial manufacturer of value-added consumables and specialty equipment with related service businesses. The company focuses on profitable growth and strong returns across worldwide platforms and businesses. These businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW's revenues totaled $17.8 billion in 2011, with more than half of these revenues generated outside of the United States.
SOURCE Illinois Tool Works Inc.
Soapy Bubbles
13年前
Share REPURCHASE
ITW Releases Reclassification of Historical Results for Discontinued Operations; Company Announces $550 million of Share Repu...
ITW (NYSE:ITW)
Intraday Stock Chart
Today : Tuesday 28 June 2011
Click Here for more ITW Charts.
As previously announced, Illinois Tool Works Inc. (NYSE: ITW) entered into a definitive agreement in April 2011 to sell its finishing group of businesses to Graco Inc. The finishing businesses' revenues were approximately $305 million in 2010. Additionally, the Company approved plans to divest a consumer packaging business and an electronics business, which had combined 2010 revenues of approximately $100 million. Accordingly, the Company has reclassified the results of these businesses, as well as two other businesses previously exited, to discontinued operations
Soapy Bubbles
13年前
ITW Reports Total Operating Revenue Growth of 18 Percent for Three Months Ended May 31, 2011; Organic Revenues Grow 8 Percent in
ITW (NYSE:ITW)
Intraday Stock Chart
Today : Wednesday 22 June 2011
Click Here for more ITW Charts.
Illinois Tool Works Inc. (NYSE: ITW) today reported a total operating revenue increase of 18 percent for the three months ended May 31, 2011 compared to the year-ago period. Organic or base revenues contributed 8 percent to total revenue growth in the three month period. In addition, acquisitions and currency translation added 5 percent and 5 percent, respectively, to total revenues. A number of worldwide end markets continued to show solid demand levels for the three month period, especially end markets associated with the Company's welding, industrial packaging, automotive OEM, and test and measurement businesses.
On a segment basis, the Company's change in three-month moving average percentage for operating revenues, comprised of organic revenues, acquisitions and currency translation, is provided below.
(% change for 3 months ended May 31, 2011 versus prior year period)
*Transportation:
+
26 %
*Industrial Packaging:
+
19 %
*Power Systems and Electronics:
+
21 %
*Food Equipment:
+
10 %
*Construction Products:
+
14 %
*Polymers and Fluids:
+
27 %
*Decorative Surfaces:
+
9 %
*All Other:
+
13 %
The Company is forecasting full-year 2011 diluted net income per share to be in a range of $4.16 to $4.34. The full-year forecast includes the $0.33 per share one-time tax benefit recorded in the 2011 first quarter. It also includes full-year operating results from the finishing group that is expected to be sold to Graco Inc. sometime in the second half of 2011. The 2011 full-year forecast assumes a total revenue growth range of 16 percent to 18 percent. For the 2011 second quarter, the Company is forecasting diluted net income per share to be in a range of $0.99 to $1.05. The 2011 second quarter forecast assumes a total revenue growth range of 17 percent to 20 percent.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitations, statements regarding operating revenues, end markets, diluted net income per share, and the Company's related forecasts. These statements are subject to certain risks, uncertainties and other factors that could cause actual results to differ materially from those anticipated. Important factors that could cause actual results to differ materially from the Company's expectations are set forth in ITW's Form 10-K for 2010.
With nearly 100 years of history, Illinois Tool Works Inc. (NYSE: ITW) is a Fortune 200 global diversified industrial manufacturer. The Company's value-added consumables, equipment and service businesses serve customers in developed as well as emerging markets around the globe. ITW's key business platforms, including welding, automotive OEM, industrial packaging, food equipment, construction, polymers and fluids, test and measurement, electronics, decorative surfaces and automotive aftermarket, employ more than 60,000 people worldwide. ITW's revenues totaled $15.9 billion in 2010, with more than half of these revenues generated outside of the United States.
SOURCE Illinois Tool Works Inc.
Soapy Bubbles
14年前
ITW Directors Declare Quarterly Dividend
GLENVIEW, Ill., May 6, 2011 /PRNewswire via COMTEX/ -- The board of directors of
Illinois Tool Works Inc. (ITW) today declared a regular quarterly cash dividend
of $0.34 cents per share or $1.36 cents per share on an annual basis. This
dividend will be paid on Tuesday, July 12, 2011 to stockholders of record
Thursday, June 30, 2011.
With nearly 100 years of history, Illinois Tool Works Inc. is a Fortune 200
global diversified industrial manufacturer. The Company's value-added
consumables, equipment and service businesses serve customers in developed as
well as emerging markets around the globe. ITW's key business platforms,
including welding, automotive OEM, industrial packaging, food equipment,
construction, polymers and fluids, test and measurement, electronics, decorative
surfaces and automotive aftermarket, employ more than 60,000 people worldwide.
ITW's revenues totaled $15.8 billion in 2010, with more than half of these
revenues generated outside of the United States.
SOURCE Illinois Tool Works Inc.
Copyright (C) 2011 PR Newswire. All rights reserved
Soapy Bubbles
14年前
ITW Reports Diluted Net Income Per Share of $1.24 in 2011 First Quarter; Excluding One-Time Tax Benefit in the First Quarter, Ea
ITW (NYSE:ITW)
Intraday Stock Chart
Today : Tuesday 26 April 2011
Click Here for more ITW Charts.
Illinois Tool Works Inc. (NYSE: ITW) today reported first quarter 2011 diluted net income per share of $1.24, an 88 percent increase compared to the 2010 first quarter. Excluding a one-time tax benefit of $0.33 associated with the settlement of an Australian tax case in the 2011 first quarter, earnings of $0.91 per share would have been 30 percent higher than the year-ago adjusted period. As previously announced, the Company eliminated the one month lag for the reporting of its international operations effective January 1, 2011. All 2011 and 2010 results as well as 2011 forecasts reflect this change.
First quarter 2011 financial highlights versus the prior year period included:
Total revenues of $4.388 billion increased 17.4 percent.
Organic or base revenues grew 11.7 percent, with North American organic revenues increasing 12.2 percent and international organic revenues growing 11.0 percent.
Acquisitions net of divestitures added 4.2 percent and currency translation contributed 1.6 percent to total revenues.
Operating income of $682.6 million increased 26.0 percent and net income of $623.1 million grew 86.7 percent.
Operating margins of 15.6 percent increased 110 basis points, with base businesses contributing 90 basis points of improvement.
Operating highlights for the 2011 first quarter compared to the year-ago period included:
Total revenues for the Power Systems and Electronics segment increased 20.8 percent. Organic revenues grew 16.4 percent based on strong end market demand and market penetration gains associated with a number of businesses. Worldwide welding organic revenues increased 23.0 percent, with North American welding organic revenues growing 27.4 percent and international welding organic revenues increasing 12.7 percent. Demand from heavy-equipment OEM's continued to boost welding revenues. Organic revenues for the PC board fabrication business grew 16.0 percent due to strong demand for consumer electronics products. The Company's other electronics units grew organic revenues 5.3 percent in the quarter. Segment operating margins of 21.0 percent improved 150 basis points.
Total revenues for the Transportation segment grew 23.6 percent. Segment organic revenues increased 15.1 percent largely due to ongoing strength in automotive OEM car builds as well as new product penetration. While worldwide automotive OEM organic revenues grew 15.7 percent in the first quarter, North American and European car builds increased 11 percent versus the year-ago period. Segment operating margins of 15.9 percent improved 80 basis points.
"We were extremely pleased with our strong financial performance in the 2011 first quarter," said David B. Speer, chairman and chief executive officer. "Our total revenue increase of 17 percent was driven by double-digit organic growth, underlying both the strength in many of our worldwide end markets and our ongoing market penetration gains. We believe that most of our end markets will remain relatively strong throughout the remainder of 2011."
Based on first quarter results and anticipated end market conditions for the remainder of the year, the Company is increasing its full-year 2011 diluted net income per share forecast to be in a range of $4.16 to $4.34. The full-year forecast includes the $0.33 per share one-time benefit recorded in the 2011 first quarter. It also includes full-year operating results from the finishing group that is expected to be sold to Graco Inc. no sooner than June of 2011. The 2011 full-year forecast assumes a total revenue growth range of 16 percent to 18 percent. For the 2011 second quarter, the Company is forecasting diluted net income per share to be in a range of $0.99 to $1.05. The 2011 second quarter forecast assumes a total revenue growth range of 17 percent to 20 percent.
This earnings release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding diluted net income per share, end markets, market penetration, total revenue growth, organic or base revenue growth, and future growth prospects. The statements are subject to certain risks, uncertainties and other factors that could cause actual results to differ materially from those anticipated. Such factors are contained in ITW's Form 10-K for 2010.
With nearly 100 years of history, Illinois Tool Works Inc. is a Fortune 200 global diversified industrial manufacturer. The Company's value-added consumables, equipment and service businesses serve customers in developed as well as emerging markets around the globe. ITW's key business platforms, including welding, automotive OEM, industrial packaging, food equipment, construction, polymers and fluids, test and measurement, electronics, decorative surfaces and automotive aftermarket, employ more than 60,000 people worldwide. ITW's revenues totaled $15.8 billion in 2010, with more than half of these revenues generated outside of the United States.
Soapy Bubbles
14年前
ITW Enters Into Agreement to Sell Its Finishing Businesses to Graco Inc.
ITW (NYSE:ITW)
Intraday Stock Chart
Today : Thursday 14 April 2011
Click Here for more ITW Charts.
Illinois Tool Works Inc. (NYSE: ITW) today announced that it has entered into a definitive agreement to sell its finishing group of businesses to Graco Inc. in a $650 million cash transaction. The sale is not expected to be completed until June 2011 at the earliest to accommodate regulatory reviews.
ITW's finishing equipment businesses consist of paint spray systems and technologies for a variety of industrial end markets and applications around the world. Key businesses include Gema, Ransburg, DeVilbiss, BGK and Binks. These businesses are leaders in wet industrial finishing as well as powder paint equipment and drying technologies. The finishing businesses revenues were $305 million in 2010. The Company intends to utilize after-tax proceeds from the sale to repurchase shares as part of its share repurchase program.
"ITW's finishing businesses offer a variety of premium worldwide brands which collectively represent a very valuable asset," said David B. Speer, chairman and chief executive officer. "We believe the sale of these assets to an industry leader like Graco presents our finishing businesses with an excellent opportunity to optimize their long-term growth and profitability."
Founded in 1926, Graco (NYSE: GGG) is a world leader in fluid handling systems and components. Graco products move, measure, control, dispense and apply a wide range of fluids and viscous materials used in vehicle lubrication, commercial and industrial settings. Graco's revenues totaled $744 million in 2010.
With nearly 100 years of history, Illinois Tool Works Inc. is a Fortune 200 global diversified industrial manufacturer. The Company's value-added consumables, equipment and service businesses serve customers in developed as well as emerging markets around the globe. ITW's key business platforms, including welding, automotive OEM, industrial packaging, food equipment, construction, polymers and fluids, test and measurement, electronics, decorative surfaces and automotive aftermarket, employ more than 60,000 people worldwide. ITW's revenues totaled $15.9 billion in 2010, with more than half of these revenues generated outside of the United States.
SOURCE Illinois Tool Works Inc.